The High Commission for Planning reported that the unemployment rate rose by 2.1 points between the third quarters of 2022 and 2023, moving from 11.4% to 13.5%.
The delegation explained in its news note, regarding the situation of the labor market during the third quarter of the year 2023, that this rate is due to its increase by plus 1.8 points to 7% in rural areas, and plus 2 points to 17% in urban areas, highlighting that the number of unemployed people reached 1,625,000. Unemployed, which represents an increase of 18%.
The same source stated that the rise in unemployment affects all segments of the population, adding that the largest increase in this rate (plus 6.5 points) was recorded among young people between the ages of 15 and 24 years, to 38.2%, as well as people between the ages of Between 25 and 34 years (plus 2.5 points to 20.9%).
The unemployment rate also increased by 2.2 points for men, moving from 9.5% to 11.7%, and by two points for women, from 17.8% to 19.8%.
According to the certificate, the unemployment rate increased by 2.1 points among those holding certificates, moving from 17.7% to 19.8%, and by 1.4 points among people without a certificate, from 4.1% to 5.5%.
On the other hand, unemployment during this period was characterized by an increase in the percentage of newly unemployed people, as the percentage of people unemployed for less than a year increased from 31% to 33.7%, and thus the average duration of unemployment decreased from 33 months to 31 months.
The delegation highlighted that half of the unemployed (50.1%) found themselves in this situation after completing or stopping their studies (38.1%) or reaching working age (12%).
The number of active people who are underemployed at the national level increased by 94,000 people, between the third quarter of 2022 and the same quarter of 2023, as it moved from 911,000 to 1,005,000 people, from 488,000 to 523,000 people in urban areas, and from 423,000 to 482,000 in rural areas.
Thus, the underemployment rate reached 9.6% at the national level (8.1% in urban areas and 12% in rural areas).
Regarding the number of active working people in a state of underemployment related to the number of working hours, it increased from 401,000 to 501,000 people at the national level. The corresponding rate increased from 3.7% to 4.8%.
The number of active working people in a state of underemployment related to insufficient income or incompatibility between study and work reached 505,000 people at the national level. The corresponding rate was almost stable at 4.8%.
The construction sector, where underemployment is more widespread, witnessed an increase in the underemployment rate by 3.1 points (from 15.8% to 18.9%), followed by the “industry, including traditional industry” sector by 2.1 points (from 5, 6% to 7.7%).